Rapid Bridge Enters into Distribution Agreement with Cadence

LiquidIP Available as Part of the Cadence Open Integration Platform

SAN DIEGO-- May 24, 2010 --Rapid Bridge, an innovator in advanced semiconductor design and development processes, announced today that it has entered into a distribution agreement with Cadence Design Systems, Inc. (NASDAQ: CDNS), the global leader in EDA360. The agreement will offer the semiconductor industry more choices for IP solutions.

“As part of our EDA360 vision for the semiconductor industry, Cadence is focused on easing the integration of high-quality IP”

Fully Integrated System Level IP Solutions

The distribution agreement offers Cadence non-exclusive, global rights to utilize the full range of Rapid Bridge’s LiquidIP™ solutions including LiquidIO™, LiquidMXS™, LiquidPHY™, LiquidSerDes™, LiquidMemory™ and the award-winning LiquidCell™ library. With full access to LiquidIP, Cadence will be able to offer additional IP cores through its Open Integration Platform.

“We are thrilled to team with Cadence, a leader in EDA Software solutions,” said Massih Tayebi, CEO of Rapid Bridge. “We believe the combination of LiquidIP and Cadence’s vision will offer the industry superior solutions as well as a necessary additional choice for IP systems solutions.”

LiquidIP Advantages

Rapid Bridge’s LiquidIP is a collection of flexible IP developed to meet the challenges of advanced nanometer designs. What sets LiquidIP apart from other IP solutions is that Rapid Bridge has developed a system of interdependent, silicon-proven IPs that provides industry-leading performance with the lowest IC implementation risk. The Rapid Bridge LiquidIP portfolio yields some of the highest performing and smallest IPs in the industry. This is enabled by system level integration that links IPs together like a central nervous system, reducing the overhead associated with assembling individual circuit functions, and ultimately reduces the area and power.

The advantages of Rapid Bridge’s Liquid platform coupled with its metal programmability provide a matchless combination of flexibility and performance to enable the next-generation of IC designs.

“As part of our EDA360 vision for the semiconductor industry, Cadence is focused on easing the integration of high-quality IP,” said Vishal Kapoor, vice president of product management at Cadence. “The best way to do this is through a collaborative ecosystem--the Open Integration Platform--and we are happy to have Rapid Bridge joining forces with us.”

About Rapid Bridge

Rapid Bridge is a semiconductor technology company with a unique approach to addressing the industry’s issues of cost, performance, power and time to market. Rapid Bridge’s patented technology is baked into the product portfolio: LiquidIP™, LiquidASIC™ and LiquidSoC™. LiquidIP is a robust IP portfolio which includes the smallest and highest performing IPs in the industry. LiquidASIC lowers cost barriers and includes a complete collection of pre-defined ASIC platforms, interface subsystems and foundations IPs. LiquidSoC provides the industry’s most cost efficient SoCs with customer-defined die size and IP resources, regular layout structures, and full programmability. Rapid Bridge enables the industry’s genius. For more information on Rapid Bridge, visit us at www.rapidbridge.com.